sectors and over time in order to examine how household consumption responds to different types of positive income shocks … (regular tranches versus lump-sum payments). Focusing on single-earner households, we find evidence of consumption smoothing in … accordance with the Permanent-Income Hypothesis, since total and food consumption do not exhibit excess sensitivity to …

We study how 3,534 beneficiaries of PROSPERA, Mexico's cash transfer program, smooth food consumption around the … transfer payday, an anticipated and transitory income shock. We find that food consumption and food security do not change …-inconsistent and less experienced debit card holders smooth consumption. …

This paper studies the direct impact of households' debt on consumption over the business cycle. We use household … leverage, consumption, and asset prices. We find that debt levels exert a negative impact on consumption, which is particularly …' debt in past periods are not relevant in determining consumption; (ii) households adjust faster their consumption to debt …

The cost-of-living crisis has increased attention on consumption and how it differs for particular societal groups …. There is much theoretical evidence that consumption patterns of men and women should differ, but the empirical evidence is … scant, due in part to the availability of individual-level consumption data. This paper tackles the question of consumption …

in a model with non-durable and durable consumption. The stock of the durable is exposed to risk against which households …-durable consumption. Introducing labor income risk into the model does not necessarily increase the importance of market insurance if the …

effects. We exploit the unique design of an aid program's experimental trial to identify its indirect effect on consumption …

.6 percentage points in Switzerland. The response of non-housing consumption in Switzerland is less heterogeneous across renters and …

This paper employs Swedish data on households' stock holdings to investigate how consumption responds to changes in … a flat 5 percent for the rest of the distribution. Households' consumption is significantly more responsive to dividend …